Number of Units: 12
2828 Geary Blvd. (APN 1069-016) and 2824 Geary Blvd. (APN 1069-015) are adjoining buildings which are being sold together totaling 12 units. Attractively priced at 6.4% Cap Rate, 10.7 GRM, $396/ft. 2828 Geary consists of 6 apartment units and 1 commercial space. 2824 Geary consists of 4 apartment units, 1 commercial space, and 2 car tandem parking. 6 out of 10 apartments have been updated with new kitchens, bathrooms, and in-unit laundry. The soft story retrofit has not been completed. Approved permits are available. Each building has a vacant bonus room which may be considered for ADU conversion.
Daniel Foley specializes in the disposition and acquisition of Multifamily, Mixed-Use, and Add-Value investment properties with a focus on the San Francisco market. Daniel prides himself on being a reliable source for investors seeking valuable and timely market information and investment opportunities.Contact